Adani Ports approves $450 million buyback of three US dollar bonds maturing in 2027 and 2029 through a cash tender offer.

• $200 million targeted from $500 million, 4% notes due July 2027 under the announced buyback plan.
• $125 million each targeted from 4.20% August 2027 and 4.375% July 2029 bond issues, respectively.
• The initiative aims to manage the debt profile and optimize the balance sheet amid global financial market conditions.